Approval of the financial results of the 1st quarter ending 31/03/2008

The Ikarus Board of Directors has approved the interim financial results of the 1st quarter (2008) which shows the company had recorded a profit of KD 3,932,076 with an earning/share of 5.24 Fils compared to last year (2007) 1st quarter profit of KD 2,048,441 and earning/share of 2.73 Fils.